BUSINESS COLLEGE

Consider the production function Q = f(L,K) = 10KL / K+L. The marginal products of labor and capital for this function are given by? MPL = 10K^2 / (K +L)^2, MPK = 10L^2 / (K +L)^2.
(a) In the short run, assume that capital is fixed at K = 4. What is the production function for the firm (quantity as a function of labor only)? What are the average and marginal products of labor? Draw APL and MPL on one graph.
(b) What is the marginal rate of technical substitution for this technology?
(c) Are the returns to scale of this production function increasing, decreasing or constant? Explain.

Answers

Answer 1
Answer:

Answer:

ANSWER IS BELOW :)

Explanation:

Tbh im not sure, but I think its 10(5)+65

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During March, Zea Inc. transferred $55,000 from Work in Process to Finished Goods and recorded a Cost of Goods Sold of $61,000. The journal entries to record these transactions would include a:
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QS 20-26A Merchandising: Cash payments for merchandise LO P4 Garda purchased $610,000 of merchandise in August and expects to purchase $730,000 in September. Merchandise purchases are paid as follows: 30% in the month of purchase and 70% in the following month. Compute cash payments for merchandise for September.

Answers

Answer:

The cash payments for September are $646000

Explanation:

The cash payments for merchandise are divided into to parts. The previous month's 70% payments and this month's 30% payments. Thus, the cash payments for the month of september will be 70% for AAugust purchases and 30% for september's purchases.

Thus the cash payments for merchandise will be,

Cash Payments = 0.7 * 610000 + 0.3 * 730000  = $646000

Answer:

=646000

Explanation:

30% pay in the month of purchase .

Note that th purchase made in September is $730,000 and 30% is due that month.

= 30% × 730,000

=  219,000

70% in the following month

For his category, payment be made in  September should relate to purchases made in August, and $610,000 was purchased in August

=70%× $610,000

=427,000

Cash payment f r te September

=  219,000 + 427,000

=$646,000

The S&P 500 index delivered a return of 10%, 15%, 15%, and -30% over four successive years. What is the arithmetic average annual return for four years?
A) 3.00%
B) 3.50%
C) 2.25%
D) 2.50%

Answers

Answer:

D) 2.50%

Explanation:

The arithmetic average return is simply the mean of all given return rates. There are four return rates and their values are, 10%, 15%, 15%, and -30%

AAR = (10+15 +15-10)/(4)\nAAR= 2.5\%

S&P 500 index delivered an arithmetic average annual return of 2.5% for four years

You purchase a share of Boeing stock for $90. One year later, after receiving a dividend of $3, you sell the stock for $92. What was your holding-period return

Answers

Answer:

5.56%

Explanation:

Computation for holding-period return

Using this formula

Holding-period return =(Stock sales- Purchased Share + Dividend)/Purchased share

Let plug in the formula

Where,

Stock sales=92

Purchased Share=90

Dividend=3

Holding-period return=(92 - 90 + 3) / 90

Holding-period return=5/90

Holding-period return=0.0556×100

Holding-period return= 5.56%

Therefore the Holding-period return will be 5.56%

An investment offers to double your money in 30 months (don’t believe it). What rate per six months are you being offered? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.)

Answers

Answer:

The rate of change in 6 months is 14.87%

Explanation:

Let a be the amount that the money is multiplied in one month. We know that in 30 months it is multiplied by 2, so if we power a by 30 wew obtain 2:

a³⁰ = 2

Thus, 2 = a³⁰ = a⁶*⁵ = (a⁶)⁵

(here we use the propiety a^bc = (a^b)^c = (a^c)^b)

We can conclude that a⁶ = 2^(1/5) = 1.1487

The rate in 6 months is (1.1487-1)*100 = 14.87%

Answer:

14.86% every 6 months

Explanation:

Let the original amount be a

An investment offers to double your money in 30 months i.e. 2a in 30 months

Fv = Pv (1 + x)ⁿ

Fv future value (i.e. future value of the cash flow after a particular time period. )

Pv Present value

x interest

n number of compounding period

Fv = Pv (1 + x)ⁿ

2a = a (1 + x)^(30/6)

2^(1/5)= 1 + x

1.1486 = 1 + x

x = 0.1486 0r 14.86%

An American computer is priced at $1,200. If the exchange rate between the U.S. dollar and the Mexican peso is $0.09 = 1 peso, approximately how many pesos would a Mexican buyer pay for the computer? Group of answer choices 13,333 pesos 108 pesos 133.50 pesos 15,075 pesos

Answers

Answer:

13,333.33 peso

Explanation:

The rate give is called the exchange rate between dollar and peso. It is the price of one currency in terms of another

To determine the amount a Mexican would pay, we convert the $1200 into pesos by the dividing it by $0.09

So,

Since 1 peso = $0.09

therefore, $1200 will equal

= 1200/0.09   pesos

= 13,333.33 peso

$1200 =13,333.33 peso

During the first five years of operations, Red Raider consulting reports net income and pays dividends as follows.Year Net Income Dividends Retained Earnings1 $1200 $500 2 1700 500 3 2100 1000 4 3200 1000 5 4400 1000 Calculate the balance of retained earnings at the end of each year.

Answers

Answer:

Please refer to the below for the retained earnings at each year end

Explanation:

Retained earnings refers to the earnings available to a business enterprise after the deduction or payment of dividend.

Retained earnings = Beginning balance + Net income for the year - Dividends paid

Year 1

Retained earnings = 0 + 1,200 - 500

= $700

Year 2

Retained earnings = 700 + 1700 - 500

= $1,900

Year 3

Retained earnings = 1,900 + 2,100 - 1,000

= $3,000

Year 4

Retained earnings = 3,000 + 3,200 - 1,000

= $5,200

Year 5

Retained earnings = 5,200 + 4,400 - 1,000

= $8,600
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